Business News

AM Business Notebook 

For: September 21, 2026

>>Watching Wall Street 

(New York, NY)  --  The opening bell rings this morning on Wall Street after stocks closed mix on Friday to cap a volatile week.  Rising Treasury yields, higher oil prices and the Federal Reserve's first rate hike in three years pressured markets.  Many analysts now expect the Fed to raise rates at least one more time in 2026 and possibly two more times again next year.  At Friday's closing bell, the Dow Jones Industrial Average lost 95 points to 51-682.  The S&P 500 gained 12 points to 76-50.  The Nasdaq rose 104 points to 26-522.

 

>>OpenAI's Altman To Brief UN Security Council 

(New York, NY)  --  OpenAI CEO Sam Altman will brief the United Nations Security Council this week.  An OpenAI spokesperson says the brief will take place during the annual gathering of world leaders in New York for the UN General assembly.  The 15-member Security Council is set to meet Wednesday on AI and international security.  An OpenAI spokesperson told Reuters his remarks are expected to focus on the steps OpenAI is taking to ensure AI is safe and benefits people worldwide. 

 

>>Google" AI Model Gained Access To 3 Outside Systems 

(Mountain View, CA)  --  Google has disclosed the first known instance of its AI software, Gemini, carrying out an undirected computer hack.  Google said in May its AI model gained unauthorized access to three outside systems during a test by either guessing login information or using login credentials it found in a public archive.  Google Vice President for security engineering said the AI model used computer systems that  "were part of the test," but said in all three cases it stopped before doing anything further with its access.  Google said it did not learn about the intrusions until July, when an AI-focused cybersecurity company reviewed its work on Gemini to look for incidents similar to the Hugging Face incident OpenAI had.  Google said it then informed the organizations operating the websites about the intrusions and told federal authorities about the hacks. 

 

>>Gas Prices Starting Off The Week At $4.47/Gallon 

(Undated  --  Gas prices are holding steady at four dollars and 47 cents a gallon as we start off the work week.  That's according to Triple-A.  The price is essentially unchanged from yesterday but that's still 16 cents higher than a week ago.  Prices at the pump are highest in California, where drivers are shelling out six-16 a gallon, on average.  

 

>>Toys 'R' Us OPening 120 New Stores 

(Parsippany, NJ)  --  Toys 'R' Us is expanding in the U.S.  The retailer will open 120 new standalone stores set to open across the country this holiday season.  The expansion was announced last week and will bring to 160 the number of standalone Toys 'R' Us stores in the U.S.

 

>>Amazon October Prime Day Nearing

(Seattle, WA)  --  Amazon's fall Prime Day event will make its return on October 6th and 7th.  Customers will be able to shop for deals across a variety of categories including tech, tools, home essentials and everyday basics.  Amazon's October Prime Day is a smaller version of the company's annual Prime Day sale, though Prime members will still have the opportunity to take advantage of markdowns across hundreds of categories.  Prime memberships, which cost 139-dollars per year, provide access to steep discounts and limited-time price cuts.   


 

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